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Billionaire targets Zimbabwe aviation, real estate business
Prince Sultan Khalil Ibrahim Albalishi, the billionaire founder and chief executive officer of Dubai-based Rind Properties, disclosed Thursday that he was targeting deals in Zimbabwe's real estate and...Published: 22 May 2022 at 19:20hrs | 1339 | by Staff reporter
Bulawayo reindustrialisation ongoing
The Zimbabwe Investment and Development Agency (ZIDA) has licensed three companies under the Special Economic Zones (SEZs) initiative in Bulawayo but there are growing concerns implementation is movin...Published: 22 May 2022 at 08:27hrs | 117 | by Staff reporter
Temba Mliswa demands report on death of Banker Doug Munatsi
Norton Member of Parliament Temba Mliswa has demanded the report of the investigation that probed the death of Banker Douglas Munatsi who died in November 2021 in a mysterious fire that gutted his apa...Published: 30 Apr 2022 at 15:26hrs | 972 | by Mandla Ndlovu
Packed programme as ZITF roars to life
THE 62nd edition of the Zimbabwe International Trade Fair (ZITF) begins tomorrow with Kenyan President Uhuru Kenyatta now unable to come for the official opening as earlier scheduled following the dea...Published: 25 Apr 2022 at 08:50hrs | 225 | by Staff reporter
Vehicle clamping rakes in over $100,000
Lately in Bulawayo's city centre, groups of grey uniformed men maraud the streets, hunting for motorists who park at undesignated areas to clamp their vehicles.Like clockwork, the moment a mot...Published: 12 Apr 2022 at 06:28hrs | 231 | by Staff reporter
Zida approves US$557,8m new projects
THE Zimbabwe Investment and Development Agency (Zida) approved 126 new investment projects last year with a combined value of US$557,8 million.Zida acting chief executive Duduzile Shinya told ...Published: 11 Apr 2022 at 06:35hrs | 242 | by Staff reporter
Mnangagwa opens door for Diaspora
IN light of a huge appetite by the Zimbabwe Diaspora community to invest in the country given the array of skills they have acquired abroad, President Mnangagwa has directed relevant ministries to set...Published: 21 Mar 2022 at 06:23hrs | 490 | by Staff reporter
Govt steps up efforts to lure Diaspora
PRESIDENT Mnangagwa has directed the Government to urgently set up an inter-Ministerial committee to work on strategies to engage Zimbabweans in the Diaspora so they can contribute to the country's de...Published: 20 Mar 2022 at 06:24hrs | 233 | by Staff reporter
'Solar farm project delays raise stink'
THE Bulawayo City Council (BCC)has been accused of awarding tenders to incompetent companies following delays in the implementation of the solar farm project in the city.But the city fathers b...Published: 18 Mar 2022 at 05:39hrs | 476 | by Staf reporter
Govt shields dodgy US$400m deal from political scrutiny
THE government has ring-fenced a filthy US$400 million waste-to-energy Pomona dumpsite deal pushed through by Local Government minister July Moyo (pictured) from political scrutiny and possible ...Published: 15 Mar 2022 at 17:07hrs | 1423 | by Staff reporter
No more bureacracy on Zimbabwe investments
LOCAL and international investors are free to tap into any business opportunity in Zimbabwe as there are no more bureacratic bottlenecks in terms doing business, Transport and Infrastructural Developm...Published: 07 Mar 2022 at 05:33hrs | 207 | by Staff reporter
Sino-Zimbabwe trade nears US$2bn
TRADE between Zimbabwe and China reached close to US$ 1, 9 billion in 2021, in a show of the positive outcomes of the growing relations between Harare and Beijing.The trade figures increased b...Published: 06 Mar 2022 at 08:15hrs | 134 | by Staff reporter
Zimbabwe ranks lowly on Fitch political, economic risk
PROMINENT American market research firm, Fitch Solutions, has ranked Zimbabwe as a country that poses the highest political and economic risk in Southern Africa, a major indicator that poi...Published: 04 Mar 2022 at 17:44hrs | 396 | by Staff reporter
Moves to relax Bulawayo parking conditions
THE Bulawayo City Council (BCC) and its vehicle parking management system partner are considering relaxing parking fees conditions by developing a prepaid payment card that will allow motorists to pay...Published: 27 Feb 2022 at 07:31hrs | 269 | by Staff reporter
Kuvimba to pour US$1,3bn into Zisco revival
KUVIMBA Mining House (KMH) has reportedly proposed to invest up to US$1,3 billion over three years to breathe a new lease of life into mothballed State-owned Zimbabwe Iron and Steel Company (Ziscostee...Published: 27 Feb 2022 at 07:26hrs | 112 | by Staff reporter
Bulawayo residents reject stupid parking fees
BULAWAYO United Residents Association (BURA) has appealed to Bulawayo City Council (BCC) to reduce the recently introduced parking fees which it says most motorists cannot afford.BCC in partne...Published: 25 Feb 2022 at 07:10hrs | 261 | by Staff reporter
Mnangagwa ally's company named in bid to revive Zisco
GOVERNMENT yesterday said it had chosen Kuvimba Mining House, a company in which it has majority shareholding and is linked to President Emmerson Mnangagwa's ally, to revive the moribund ZiscoSteel....Published: 23 Feb 2022 at 05:49hrs | 618 | by Staff reporter
$1,5bn released for roads rehab
Treasury has released $1,5 billion from this year's National Budget for roads rehabilitation, as the Second Republic continues to ensure roads are trafficable after damages caused by heavy rains that ...Published: 16 Feb 2022 at 05:28hrs | 122 | by Staff reporter
'Govt stalling BCC's solar farm project'
BULAWAYO councillors have blamed the Local Government ministry for delaying the city's solar farm project by not granting the Zimbabwe Investment and Development Agency (Zida) permission to approve ap...Published: 18 Jan 2022 at 05:33hrs | 426 | by Staff reporter
Bulawayo parking system imminent
THE Bulawayo parking management system is expected to be up by February, with the contractor to do the job - Tendy Three Investments (TTI) revealing that equipment for the system will be arriving in t...Published: 16 Jan 2022 at 08:57hrs | 127 | by Staff reporter
UN urges Zimbabwe to boost manufacturing sector
REVAMPING of the country's manufacturing and extension of support to Micro-Small to Medium Enterprises (MSMEs) is pivotal for Zimbabwe to derive maximum benefits from the Africa Free Continental Trade...Published: 01 Jan 2022 at 13:56hrs | 290 | by Staff reporter
Munatsi legacy: To die in service
AMID the sombre atmosphere of Doug Munatsi's memorial service last week, the light-hearted eulogies delivered by his wife and first-born son were undoubtedly embedded in moral values that the late pro...Published: 12 Dec 2021 at 20:16hrs | 354 | by Enock Muchinjo
Munatsi worked in highly toxic operational environment
THE late Zimbabwe Investment Development Agency (Zida) chief executive Douglas Munatsi - who was close to President Emmerson Mnangagwa- worked in a volatile and toxic political environment around the ...Published: 12 Dec 2021 at 20:16hrs | 488 | by Staff reporter
Mnangagwa Opens Three Vic Falls Hotels
VICTORIA FALLS: President Emmerson Mnangagwa Wednesday officially opened three new luxury hotels here where he reiterated Zimbabwe's targeted US$5 billion tourism industry economy by 2025 was achievab...Published: 12 Dec 2021 at 19:46hrs | 29 | by Staff reporter
Mine workers to address overtaxing and poor salaries
MINE workers unions are pushing for US$600 salaries per month just like their peers in neighbouring countries.Workers in the sector were recently awarded a 24.5 percent salary hike following c...Published: 12 Dec 2021 at 19:16hrs | 15 | by Staff reporter
Munatsi: A smart distinguished banker
Zimbabwe is witnessing one of the largest outpourings of grief following the tragic loss of Douglas Tawanda Munatsi (‘DTM') on Monday November 29, 2021.It is definitely a tragedy of unspeaka...Published: 05 Dec 2021 at 06:17hrs | 22 | by Muchadeyi Ashton Masunda
Munatsi family seeks closure
A fire broke out in apartment C9 at the palatial Northfields Complex in Harare in the early hours of Monday.The occupant of the luxurious flat was top investment banker and chief executive off...Published: 05 Dec 2021 at 06:08hrs | 24 | by Bishop Lazarus
Mystery deaths deepen in Zimbabwe
DEATH is never easy and, whenever it strikes, the grief it causes is traumatic for family and friends who would have lost a loved one.This encounter with mortality always leaves the surviving ...Published: 04 Dec 2021 at 18:49hrs | 99 | by Staff reporter
Botswana investors launch battle to reclaim gold mine
FOUR Botswana nationals have appealed to President Emmerson Mnangagwa, Zimbabwe Anti-Corruption Commission (Zacc), the Foreign Affairs ministry and other state organs in a bid to claim part of a gold ...Published: 04 Dec 2021 at 18:48hrs | 27 | by Staff reporter
Munatsi family still to decide on burial
THE family of prominent banker and businessman Mr Douglas Munatsi is yet to decide on burial arrangements.Mr Munatsi died early on Monday morning in a mysterious fire at his Harare apartment w...Published: 02 Dec 2021 at 05:25hrs | 5 | by Staff reporter
Police keen to question Munatsi's last contact
Police are keen to interview a woman believed to be among the last people to see prominent banker, Mr Douglas Munatsi alive before his death in a mysterious fire at his Harare apartment early Monday m...Published: 01 Dec 2021 at 05:35hrs | 8 | by Staff reporter
Gono mourns Doug Munatsi
It is with great sadness that my family and I mourn the untimely death of a fine, seasoned banker and patriotic son of the soil, Douglas Munatsi in tragic circumstances not yet explained to the nation...Published: 01 Dec 2021 at 05:34hrs | 10 | by Dr Gideon Gono
Chiwenga mourns Munatsi
Vice President Constantino Chiwenga has described as shocking and disheartening, the death of senior banker Mr Douglas Munatsi in an inferno at his luxury apartment in the early hours of Monday....Published: 01 Dec 2021 at 05:33hrs | 251 | by Staff reporter
Police probe into death of businessman Douglas Munatsi
MEMORANDUMSUBJECT: SUDDEN DEATH BY FIRE OF DOUGLAS MUNATSI AT NUMBER C9 NORTHFIELDS FLATS, CORNER JOSIAH TONGOGARA AND FIFTH AVENUE, HARAREThis memorandum serves to put on record circu...Published: 30 Nov 2021 at 05:29hrs | 9 | by Staff reporter
Mnangagwa mourns Munatsi
PRESIDENT Mnangagwa has consoled the Munatsi family following the death of prominent banker and Zimbabwe Investment Authority (ZIDA) Chief Executive Officer Douglas Munatsi who died in a mysterious in...Published: 29 Nov 2021 at 16:09hrs | 1 | by Staff reporter
BREAKING: Zimbabwe Top Banker burnt to death in his house
CEO of the Zimbabwe Investment and Development Agency, Douglas Munatsi, has died. He was burnt by a fire that gutted his flat located at the corner of Fifth Street and Josiah Tongogara Avenue on Monda...Published: 29 Nov 2021 at 08:29hrs | 208 | by Mandla Ndlovu
Chamisa 'sponsoring investors' cry foul over mine
A Botswana company has been 'cheated' of a gold mining concern by its local partners, who have allegedly politicised the issue and accused the investors of sponsoring MDC Alliance leader Nelson Chamis...Published: 28 Nov 2021 at 13:07hrs | 12 | by Staff reporter
ZESA washes hands in US$1,5 billion steel plant bungling
THE Zimbabwe Electricity Supply Authority (Zesa) says it is not directly involved in the processes to establish a 97km long high voltage powerline whose delay has hampered progress in the construction...Published: 28 Nov 2021 at 07:59hrs | 3 | by Staff reporter
Revenue Hall to be 100% solar powered
BULAWAYO'S Revenue Hall is set to go 100 percent solar powered as the local authority ups its drive towards alternative energy at most of its facilities.This comes in the wake of reports that ...Published: 28 Nov 2021 at 07:52hrs | 4 | by Staff reporter
BCC to turn cemetery into solar farm
THE Bulawayo City Council is working on establishing solar farms within their water pumping stations which will help solve the problem of power outages which have forced the local authority to introdu...Published: 21 Nov 2021 at 09:10hrs | 62 | by Staff Reporter
Zimbabwe a destination of choice in investments, says Mnangagwa
ZIMBABWE is a destination of choice in terms of investments with the country going up the ladder in the list of destinations with sound ease of doing business policies that will propel it to become an...Published: 21 Nov 2021 at 08:22hrs | 9 | by Staff Reporter
Zimbabwe, South Africa commit to improved trade ties
ZIMBABWE and South Africa are committed to improving trade and investor relations in order to boost bi-lateral trade and cooperation between the two economies. Nomalungelo Gina, the South Afri...Published: 19 Nov 2021 at 06:54hrs | 41 | by Staff Reporter
'Mine workers overtaxed'
MINE workers' unions have bemoaned overtaxing of employees in the sector saying this leaves them with little disposable income, making it difficult to survive during the current economic hardships....Published: 16 Nov 2021 at 05:43hrs | 5 | by Staff reporter
BCC's solar projects stalled by Zida approval delays
BULAWAYO City Council's (BCC) solar power projects have reportedly been stalled by the Zimbabwe Investment and Development Agency (Zida), which is yet to approve proposals by prospective contractors....Published: 15 Nov 2021 at 05:27hrs | 1 | by Staff reporter
Mine workers take salary dispute to court
The Zimbabwe Diamond and Allied Mineral Workers Union (ZIDAMWU) has taken the National Employment Council for Mining Industry, Associated Mine Workers Union of Zimbabwe (AMWUZ) and the Chamber of Mine...Published: 18 Oct 2021 at 06:31hrs | 2 | by Staff reporter
ZDAMWU extends a condolences to six Chinese Miners in Mazowe
The Zimbabwe Diamond Allied and Minerals Workers Union (ZDAMWU) has extended its condolences to the families of those who lost their lives following a mining explosion at SAS mine in Mazowe, a nickel ...Published: 17 Oct 2021 at 14:12hrs | | by Stephen Jakes
Russian fertiliser producer opens base in Zimbabwe
UNITED Fertiliser Company Limited (UFCL), a Russian firm with a global footprint, has opened a branch in Zimbabwe.The latest development comes at a time when the Government, under the Second R...Published: 29 Sep 2021 at 06:33hrs | 17 | by Staff reporter
Beitbridge-Bulawayo road rehabilitation on the cards
GOVERNMENT has said feasibility studies are underway to pave way for the rehabilitation of the Beitbridge-Bulawayo highway. Secretary for Transport and Infrastructural Development, Engineer Th...Published: 21 Sep 2021 at 06:12hrs | 2 | by Staff reporter
Arenel gets SEZs status
ONE of Bulawayo's top companies, Arenel Private Limited, has been granted a special economic zone (SEZ) status, a decision meant to add impetus to the firm's production efficiencies. A SEZ is ...Published: 13 Sep 2021 at 05:53hrs | 1 | by Staff reporter
The era of strongman politics over in Africa
THE era of damaging personality-driven politics in Africa, including Zimbabwe, may soon be coming to an end due to democratic reforms by the African Union and changing political dynamics fuelled by a ...Published: 10 Sep 2021 at 18:49hrs | 1 | by Staff reporter
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